Sony reports 57% drop in fourth-quarter profit, declines to give outlook
Japan's Sony Corp on Wednesday reported a 57% drop in fourth-quarter operating profit and refrained from providing an outlook for the current year due to uncertainty...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Maersk warns global container demand to shrink this year
Shipping giant A.P. Moller-Maersk on Wednesday warned of a sharp drop in global container volumes due to the coronavirus pandemic after posting flat first-quarter revenues in...
Aston Martin posts deep loss as coronavirus outbreak hits sales
Aston Martin posted a first-quarter pretax loss of 119 million pounds ($146 million) after sales dropped by nearly a third due to the impact of the...
More than 300 lawmakers urge IMF, World Bank to cancel poor countries' debt
Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in...
Mexico's president revs up car industry, and wider economy
President Andres Manuel Lopez Obrador will lay out a roadmap on Wednesday for Mexico to re-open its economy, with a focus on the automotive sector whose...
Any extension of $600 unemployment benefits would help these jobs and industries the most
Workers in certain industries, such as retail, accommodation and food services, stand to benefit most from an extension to enhanced unemployment benefits.
Bill Miller doesn't see market as 'dramatically overvalued,' says Amazon could double in 3 years
Bill Miller disagreed Wednesday with the assessment made by other major investors about the market's valuation being too high.
Here are the top 10 places well-heeled travelers are booking for the holidays
Some industry experts are seeing signs that at least some travelers — in particular, wealthier ones — expect to start going on vacation again during the...
Fed's Powell says economy may face 'extended period' of weak growth
Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, said on Wednesday the country...
Instant view: Powell: Fed not looking at negative rates
Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, said on Wednesday the country...
U.S. producer prices post biggest drop since 2009
U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, which could bolster some economists'...
Chanel says increasing prices on handbags, small leather goods
French luxury house Chanel said on Wednesday it was increasing prices on its handbags and some small leather goods worldwide to take into account a rise...
Fed's Powell warns of prolonged economic weakness, calls for more fiscal support
Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, warned on Wednesday of an...
Powell: Fed not looking at negative rates
Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, said on Wednesday the country...
Tesla, county reach deal to allow automaker to reopen U.S. plant next week
Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows...